Convert Guinean Franc to British Pound Sterling
Please provide values below to convert Guinean Franc [GNF] to British Pound Sterling [GBP], or Convert British Pound Sterling to Guinean Franc.
How to Convert Guinean Franc to British Pound Sterling
1 GNF = 11747.0605241827 GBP
Example: convert 15 GNF to GBP:
15 GNF = 15 × 11747.0605241827 GBP = 176205.90786274 GBP
Guinean Franc to British Pound Sterling Conversion Table
| Guinean Franc | British Pound Sterling |
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Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.